Crypto Price Today: Bitcoin, Ether See Losses, Price Fluctuations Heavy For Most Altcoins

The crypto sector is currently going through a volatile phase as Bitcoin approaches its fourth halving process later this month. Bitcoin recorded a loss of 2.30% on Wednesday, April 10. With this, according to Gadgets360, the price of Bitcoin has fallen to $66,147 (roughly Rs. 55 lakh). Crypto price tracker. On international exchanges like Binance, Bitcoin is trading at a slightly higher price of $69,058 (roughly Rs. 57.4 lakh).

“Bitcoin’s market demand looks a bit muted amid ongoing price volatility. Bitcoin’s moving average indicates a ‘sell’ sentiment that reflects the pulse of the broader market. USC The PI data is the next focal point for the market and may provide some insight into the rate cut by the Fed. There is still uncertainty about the rate cut expected in June,” Raja said. Gopal Menon, Vice President, Minister X told Gadgets360.

Ether Bitcoin saw a big loss on the price chart. On Wednesday, Ether recorded a loss of 3.28 percent to trade at $3,190 (roughly Rs. 2.65 lakh) in India. On Binance, Ether is trading at $3,514 (roughly Rs. 2.92 lakh).

“Ethereum supporters continue to struggle with their faith in the ETF amid lack of updates from the SEC. Despite trying to break through the $3,650 (roughly Rs. 3.03 lakh) level, ETH continues to struggle Had to. To regain bullish momentum, ETH needs to clear and sustain above this level,” the CoinDCX team told Gadgets360.

Tether, Binance coin, Solana, Dogecoin, Cardano, Avalanche, Sheba AnuAnd Polkadot — All followed BTC and ETH on the trail of loss.

Tron, Chain Link, Polygons, Litecoin, to change, Leo, CosmosAnd Stellar Also revealed the losses on Wednesday.

“Memecoins were the biggest losers among the major cryptos, as WIF (-18 percent), PEPE (-12 percent), and DOGE (-7.4 percent) all continued to struggle as markets declined. Solana Net With congestion in the works for almost a week, the price action has started to reflect this, with Solana prices trading below $170 (roughly Rs. 12,145),” the CoinSwitch Markets Desk told Gadgets360.

Only a small number of altcoins managed to see gains on Wednesday. These include the wave, Ripple Cash, Qtum, IotaAnd Mental confidence.

In the last 24 hours, the overall crypto market lost 3.22%. The current value of this sector is $2.59 trillion (approximately Rs. 2,15,55,443 crore). CoinMarketCap.

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